Families can opt out of the plan, but few are expected to do so
Save time by listening to our audio articles as you multitaskChildren’s savings accounts typically help towards a specific purpose, usually college or buying a home. Many barriers exist to amassing savings, especially for the poor. Foremost is a lack of funds to put away for later, but bad experiences with banks—worries about credit scores, for example, or fears about overdraft fees—also put people off. An automatic programme can encourage families to invest.
They were more likely to have opened an additional college-savings account for their children, and they had greater expectations for their child to complete graduate school.’s beneficiaries have yet to graduate from high school, but other studies have found positive outcomes from college savings, automatic or otherwise. One study found that poor children who expect to graduate from college and have up to $499 in their accounts are three times more likely to graduate.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bella Thorne barely conceals her assets at pre Grammy bashShe turned heads once again as she stepped out in a very revealing outfit on Friday evening at Mike Dean and Jeff Bhasker's Pre Grammy Party at OffSunset in Los Angeles.
Consulte Mais informação »
Kendall Jenner goes wheels up in sister Kylie's private jetThe 26-year-old Keeping Up With The Kardashians star was seen borrowing her sister Kylie's pink-painted private jet for a flight out of Los Angeles on Saturday.
Consulte Mais informação »
Mandy Moore, Milo Ventimiglia and Chrissy Metz attend PaleyFestMandy Moore, Milo Ventimiglia and Chrissy Metz were spotted attending the This Is Us event at PaleyFest, which was hosted at the Dolby Theatre in Los Angeles on Saturday evening.
Consulte Mais informação »
Kendall and Hailey go wheels up in sister Kylie's private jetThe 26-year-old Keeping Up With The Kardashians star was seen borrowing her sister Kylie's pink-painted private jet for a flight out of Los Angeles on Saturday.
Consulte Mais informação »
Anya Taylor-Joy joins boyfriend at premiere of his band's music videoThe actress cut a casual figure as she joined her boyfriend Malcolm McRae for the premiere of his band's latest music video in Los Angeles.
Consulte Mais informação »